Banks Remain a Sore Spot for Turkey ETF

FAN Editor

This article was originally published on ETFTrends.com.

The often controversial and volatile iShares MSCI Turkey ETF (NasdaqGM: TUR) is up nearly 20% over the past month, a noteworthy rally for one of this year’s worst-performing single-country emerging markets exchange traded funds. TUR is still down more than 45% year-to-date and the Turkish economy faces myriad challenges, including weakness in the banking sector. […]

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